Ron Hill
Ron Hill
Ronald "Ron" Hill MBEis an English runner and clothing entrepreneur. He was the second man to break 2:10 in the marathon; he set world records at four other distances, but never laid claim to the marathon world record. He has run two Olympic Marathons, and has a personal marathon record of 2:09:28. In 1970, Hill won the 74th Boston Marathon in a course record 2:10:30. He also won gold medals for the marathon at the European Championships in 1969 and...
ProfessionRunner
Date of Birth25 September 1938
available bad below country drained fail financial flow good growth happening increases june last money news number overall people punished raising rates rewarded since sooner starting supply system worth
We've been raising rates in this country since about June of last year, so we've had over a year's worth of rate increases starting to flow into the market. That has slowly, but surely, drained liquidity out of the overall financial system in America. So money supply growth has been below nominal GDP growth now for a number of months. So what's happening is slowly, but surely, there's just not enough money out there available to make everything go up all at the same time. So that's why rallies fail sooner than you expect, and why you know people get punished more for bad news than they get rewarded for good news,
counts good hire knows league quality success
He knows the league. He's been around the league for 12 years. That's a quality I think counts for something. He's been around some good programs. You look at the success of those teams, he's had his fingerprints on them. I think he's a good hire for the Vikings.
corporate crucial earnings economy excess fact focusing forgetting good growth margin money needs negative quite relative stocks supply third
We're focusing much too much on what's moving, which at the margin are the kind of that are negative for stocks and forgetting what's really crucial here. The fact is we are in an excess supply of money relative to the needs of the economy and corporate earnings growth will in fact be quite good in the third quarter.
chance coming earnings good hiatus news quarter second slow tremendous until
We don't have a lot of good news coming in. We had tremendous earnings in the first quarter. Now we've got this hiatus until we see what the second quarter really does. That could give you a chance to slow down a little bit.
earnings focus good investors key leading money profit raise revision rising short sort stocks support
The key thing here is, we're sort of short on liquidity, so we don't have enough money to raise everything. Investors have to focus on good sectors with leading stocks especially with good earnings revision profiles, and where there's support for rising profit and expectations going forward,
best earnings fed gains good growth lift lowering next profit reasonably starts stocks though year
I think next year is going to be a reasonably good year. When the Fed starts lowering rates, even though profit growth will be really poor, often some of the best gains in stocks come when earnings are doing poorly, because you're getting a lift from price-to-earnings ratios rising.
cares company deeply example good
a very good example of a company that cares deeply about their community.
although float good means money news remain side technical
This is very good news for the technical side of the market. It means there's still enough money to float everything. It's not just the big-cap stocks, although I still think they remain the leaders.
areas begins bit companies consumer cyclical fed few general gives greenspan interest longer others postponed raise rates until
We also like some of the others from the cyclical areas like in the industrials, some of the freight companies like FedEx and ... also in the consumer discretionary, automobiles still look like they're good, ... Traditionally they will outperform until the Fed begins to raise interest rates and Mr. Greenspan has postponed that for a few months. That gives companies like General Motors a little bit longer to run.
choice choices defense defensive ends flexible guys hard movement premium
You have more choices on defensive linemen for the 3-4, ... There's such a premium on 6-5, 285-pound defensive ends and defensive tackles. It's hard to find those guys. You don't have to find big, big guys in that defense because it's all movement. There's more movement than toe-to-toe stuff. You can be more flexible with their movement.
assessment balanced beginning bias bottoms definitely economy fed huge inflation major playing ready risk sort stress
Everything's playing into the idea that the stress in the economy is beginning to ease. The Fed will take that bias away from inflation and make their risk assessment more balanced between inflation and growth. I think in all of the major indexes the bottoms have sort of been made here in October, and now we're ready to advance. I don't think it's a huge advance...trends are definitely in the investors' favor.
ahead begin earnings move rest run second turned
We've had one preliminary move in technology, which was an anticipation of (Computer Associates') earnings, the second move is once the earnings have turned and begin to run ahead of the rest of the markets,
fixed surprised
I'd be surprised if we don't get him fixed up.
bias november
On November 15, I think they take the bias off,